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Greetings great steemians
As I saw this contest about steem investment from @irawandedy I decided to take part.
Investment is said to be an act of accumulating asset so as to generate income or gain profit in the future. In life everyone needs investment if not your years of hustling is in vain therefore, save up now and enjoy later. A business owner invest his time, energy and resources to earn or to profit from it, this alone makes us hustle more to make more investment so as to benefit from it.
But then if this investment is done once and then we sit back to finish the profit without increasing your investment, one day you will finish your capital and then run losses as you didn't pay attention to your business graph. So any investment done is good to check on it often to either increase or pay attention to how it goes so we don't run losses.
Let's talk about investment in steemit;
In steemit, powering up means a whole lot and this brings a lot of benefits to both the user and the ecosystem. In what sense I'm I saying this? One do not only add value to the blog while powering up but also you invest to earn from your investment.
How does this work?
Curation is done with steempower and your steem power determine your voting strength on users post, but then do you have any gain for curating? The answer is yes 😊 in every curation made, there is a reward based on the percentage you voted with.
So the investment you made with steempower is never a waste as you will profit with curation rewards, no matter how small it is, the higher your steem power, the higher your curation rewards.
Now coming back to the steem ecosystem, you holding steem power add lot of value to the platform as price of steem goes up, More steempower, more bandwidth you will have, inflation occurs too just for holding steempower. With all this benefits I make it my priority to invest in steem by powering up.
Below are my screenshot of power up
Before power up👆
During power up👆
During power up👆
After power up 👆
Successfully powered up 106.651 steems,
We love power up
CONCLUSION
In any business done, one need to be consistent and patience for the business to grow smoothly, this will include your time and effort/strength then it grows depending on your ability to boast it. Therefore in steemit consistency and patience is the key too, staying active will help you accumulate your steempower.
I will like to invite @goodybest and @skinnyblck to join this contest
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Thank you @solaymann
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You're absolutely right! Powering up in Steemit has several advantages for both the user and the ecosystem. When you power up, you convert your liquid STEEM tokens into Steem Power (SP), which gives you more influence and voting power on the platform. By increasing your SP, you not only enhance your ability to curate and support content creators, but you also have a higher chance of earning curation rewards.
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Yea that's true
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¡Congratulations!
This post has been supported through the account Steemcurator06. for containing good quality content.
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